(illustration by DonkeyHotey)
From The New York Times:
Mr. Bush, the former governor of Florida, had just concluded a town-hall-style meeting when Ms. (Ivy) Ziedrich demanded to be heard. “Governor Bush,” she shouted as audience members asked him for his autograph. “Would you take a student question?”
Mr. Bush whirled around and looked at Ms. Ziedrich, who identified herself as a political science major and a college Democrat at the University of Nevada.
She had heard Mr. Bush argue, a few moments before, that America’s retreat from the Middle East under President Obama had contributed to the growing power of the Islamic State. She told the former governor that he was wrong, and made the case that blame lay with the decision by the administration of his brother George W. Bush to disband the Iraqi Army.
“It was when 30,000 individuals who were part of the Iraqi military were forced out — they had no employment, they had no income, and they were left with access to all of the same arms and weapons,” Ms. Ziedrich said.
She added: “Your brother created ISIS.”
Then Ms. Ziedrich asked: “Why are you saying that ISIS was created by us not having a presence in the Middle East when it’s pointless wars where we send young American men to die for the idea of American exceptionalism? Why are you spouting nationalist rhetoric to get us involved in more wars?”
(illustration by DonkeyHotey)
This comes in the wake of Jeb's having told Fox's Megyn Kelly that, knowing what we know now, he still would have invaded Iraq.
Bush’s old pal, Republican cable news strategist Ana Navarro, said on CNN this morning that Jeb told her he misheard the question.
Ana Navarro, a former aide to ex-Florida Gov. Jeb Bush (R), said on CNN Tuesday that the potential presidential candidate told her he’d misheard a question about the Iraq War.
Navarro, who was Bush’s director of immigration policy in the governor’s office, said on CNN’s “New Day” that she’d emailed Bush on Tuesday morning for clarification about his comments.
“I emailed him this morning and I said to him, ‘Hey, I’m a little confused by this answer so I’m genuinely wondering did you mishear the question?’” Navarro said. “And he said, ‘Yes, I misheard the question.’”
(photo credit: Arash Azizzada)
Late breaking from The Washington Post:
Attorney General Loretta E. Lynch has decided to launch a federal investigation into whether the Baltimore Police Department has engaged in a “pattern or practice” of excessive force.
Lynch’s announcement about the Justice Department’s probe — the latest in a string of municipalities that are being investigated by the federal government for civil rights violations — could come as early as Friday, according to two law enforcement officials.
Federal “pattern or practice” probes focus on the entire police department, rather than investigating the conduct of certain officers.
Own man, my foot. From The Washington Post:
When asked this week at an exclusive Manhattan gathering about who advises him on U.S.-Israel policy, Jeb Bush surprised many of the 50-plus attendees by naming his brother, former president George W. Bush, as his most influential counselor.
“If you want to know who I listen to for advice, it’s him,” Bush said Tuesday, speaking to a crowd of high-powered financiers at the Metropolitan Club, according to four people present.
The remark came as part of an answer to a question about Bush’s political advisers and their policy views. Bush was pressed for details about who he surrounds himself with and consults as he thinks through his positions, guests said.
From senate.sanders.gov :
Bernie Sanders on Wednesday introduced legislation to break up the nation’s biggest banks in order to safeguard the economy and prevent another costly taxpayer bailout. Rep. Brad Sherman proposed a companion bill in the House.
“No single financial institution should have holdings so extensive that its failure could send the world economy into crisis,” Sanders said. “If an institution is too big to fail, it is too big to exist.”
The biggest banks in the United States are now 80 percent bigger than they were one year before the financial crisis in 2008 when the Federal Reserve provided $16 trillion in near zero-interest loans and Congress approved a $700 billion taxpayer bailout.
“Never again should a financial institution be able to demand a federal bailout,” Sherman said. “They claim; ‘If we go down, the economy is going down with us,’ but by breaking up these institutions long before they face a crisis, we ensure a healthy financial system where medium-sized institutions can compete in the free market.”
The 2008 financial crisis had a devastating impact on the U.S. economy. It cost as much as $14 trillion, the Dallas Federal Reserve calculated. The Government Accountability Office pegged the cost at $13 trillion. The Congressional Budget Office estimated that the crisis nearly doubled the national debt and cost more than the Bush tax cuts and the wars in Iraq and Afghanistan combined.
The six largest U.S. financial institutions today have assets of some $10 trillion, an amount equal to almost 60 percent of gross domestic product. They handle more than two-thirds of all credit card purchases, control nearly 50 percent of all bank deposits, and control over 95 percent of the $240 trillion in derivatives held by commercial banks.
The Sanders and Sherman legislation would give banking regulators 90 days to identify commercial banks, investment banks, hedge funds, insurance companies and other entities whose “failure would have a catastrophic effect on the stability of either the financial system or the United States economy without substantial government assistance.”
The list would have to include Bank of America, Bank of New York Mellon, Citigroup, Goldman Sachs, JPMorgan Chase, Morgan Stanley, State Street and Wells Fargo. These eight institutions already have been deemed “systemically important banks” by the Financial Stability Board, the international body which monitors the global financial system. Under the legislation, the U.S. Treasury Department would be required to break up those and any other institutions deemed too big to fail by the treasury secretary. Any entity on the too-big-to-fail list would no longer be eligible for a taxpayer bailout from the Federal Reserve and could not use their customers’ bank deposits to speculate on derivatives or other risky financial activities.
Note: Yesterday's High Impact Posts might be postponed or cancelled - the calculating machine appears to be malfunctioning. :(
This week 602 Kogs posted 1236 posts of which 1187 were recommended at least once by a cadre of 4153 recommending readers; 780 posts were recommended by 10 or more readers, 397 by 30 or more, and 113 by 100 or more. Commenters (5110) visited 1231 posts; 650 had 10 or more commenters, 257 had 30 or more, and 35 had 100 or more.
Impact statistics from all 1236 posts.
min = 0.01, median = 0.189, average = 0.44, max = 6.35, total = 545.4 bharns
r50 = 120 (at 1.08 bharns)
The post also includes tables of readers awarding and authors receiving the most recommendations.
LOOKING UP DATA FOR 120 READERS
Yesterday 76 Kogs posted 85 posts of which 80 were recommended at least once by a cadre of 892 recommending readers; 50 posts were recommended by 10 or more readers, 23 by 30 or more, and 5 by 100 or more. Commenters (669) visited 85 posts; 38 had 10 or more commenters, 9 had 30 or more, and 0 had 100 or more.
Impact statistics from all 85 posts.
min = 0.01, median = 0.140, average = 0.28, max = 1.87, total = 23.5 bharns
r50 = 10 (at 0.62 bharns)
Recommendations and comments were collected Sun May 3 05:00:04 2015 UTC
Yesterday 174 Kogs posted 218 posts of which 210 were recommended at least once by a cadre of 1781 recommending readers; 123 posts were recommended by 10 or more readers, 54 by 30 or more, and 15 by 100 or more. Commenters (1685) visited 217 posts; 95 had 10 or more commenters, 34 had 30 or more, and 3 had 100 or more.
Impact statistics from all 218 posts.
min = 0.01, median = 0.152, average = 0.35, max = 4.14, total = 76.0 bharns
r50 = 18 (at 0.83 bharns)
Recommendations and comments were collected Sat May 2 05:00:05 2015 UTC
(photo credit: Stephen Melkisethian)
From AP via The Huffington Post:
LAGOS, Nigeria — Nigeria's military says it has rescued 234 more girls and women from a Boko Haram forest stronghold in the country's northeast.
The announcement on the Nigerian Defence Headquarters official Twitter account Saturday brings the number declared rescued this week to more than 677.
It comes as the army deployed ground troops following air raids on Sambisa Forest camps said to be the last holdout of the Islamic extremists.